Melissa Forbes-Miranda, Author at Middle East Insights

Melissa Forbes-Miranda

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UAE approves foreign ownership over 122 business activities

July 9, 2019 By Omar Momany, Pietro de Libero, Hani Naja, Melissa Forbes-Miranda and Rony Eid 3 Mins Read

On 2 July 2019 the United Arab Emirates (UAE) Cabinet announced the relaxation of foreign ownership restrictions for 122 business activities specifically in the manufacturing, agricultural and services categories. This follows the issuance of the new Foreign Direct Investment (FDI) Law in September 2018 to open up the UAE mainland market to foreign investors.

The UAE takes further steps to boost foreign investment

May 23, 2018 By Borys Dackiw, Pietro de Libero, Omar Momany, Will Seivewright, Ghada El Ehwany, Laya Aoun-Hani, Rony Eid, Melissa Forbes-Miranda, Hani Naja and Marcos Spanos 3 Mins Read

What has changed?

The United Arab Emirates (UAE) government intends to further relax foreign ownership restrictions, allowing international investors to own 100% of companies operating in the UAE mainland and granting long-term residency permits for foreign investors for the first time.